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22949 Kuykendahl Road, Tomball, TX, 77375

7-Eleven

$5,911,508

Key Information

Cap Rate
6.5%
Tot. SF
4,750
Lot Size
1.47 Acres
Year Built
2021
Term Remaining
± 11 Years
Type
Retail
Occupancy
100%
NOI
$384,248

Highlights

• Corporate-Guaranteed Lease: Lease is guaranteed by 7-Eleven, Inc. (S&P: A-), providing investment-grade credit backing regardless of the operator on site.
• Absolute Net Lease: Zero landlord responsibilities, tenant responsible for roof and structure.
• Long-Term Remaining Lease: Over 11 years remaining on the primary term, with five, 5-year renewal options.
• Built-In Rent Growth: 7.5% rental increases every five years and 7.5% in options, providing a hedge against inflation.
• 2021 Construction: Modern ±4,750 SF building with a single-row canopy, 8 fueling positions, and 16 pumps on ±1.47 acres.
• High-Growth Houston Submarket: Located at the signalized intersection of Kuykendahl Rd and Dowdell Rd (combined ±40,373 VPD), minutes from Grand Parkway Toll Road (±80,022 VPD).
• Strong Demographics: 177,112 residents and 145,707 employees within a 5-mile radius; average household income of $143,129.
• Dense Retail Trade Area: Surrounded by Target, TJ Maxx, Burlington, Home Depot, Kroger Marketplace, CVS, and Grand Parkway Marketplace (75-acre development).
• Fee Simple Ownership: Potentially eligible for bonus depreciation — consult your CPA or tax professional.

Photos

Location

Agents

Broker of Record

Patrick Graham

License # 528005, 9005919 (TX)
Matthews Real Estate Investment Services, Inc
2699 Howell St., Suite 400, Dallas, TX 75204